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High-quality durum still top of mind for buyers

Winnipeg | CNS Canada — Following two years of varying qualities for Canadian durum, the world still wants higher-quality grain, according to Rhyl Doyle. “The world still wants (No. 1) CWAD and last year although the profile was mostly (No. 3) CWAD, they still wanted 1 CWAD. So there are a spectrum of markets for […] Read more



Bayer

Brazil pushes back decision on Bayer-Monsanto tie-up

Sao Paulo | Reuters — Brazilian antitrust agency Cade on Wednesday extended its deadline to review Bayer’s proposed takeover of Monsanto by 90 days to late March, potentially spoiling plans to wrap up the US$66 billion tie-up by the end of the year. A spokesman said Cade had approved the extension at a session on […] Read more

ice futures canada

ICE weekly outlook: Canola futures wait on report

CNS Canada — ICE Futures Canada canola traders may already be looking ahead to the release of Statistics Canada’s next production estimates, as lacklustre trading amid the holiday season leaves investors searching for direction. StatsCan is scheduled to release its final principal field crop report of the year on Dec. 6. The report is usually […] Read more





marijuana

StatsCan to add marijuana economic impact to GDP data

Ottawa | Reuters — As Canada gears up to legalize recreational marijuana, the country’s statistics agency said on Tuesday it will begin measuring the economic impact of the current illegal use and production of the drug and add it to growth data. Statistics Canada said it will begin tallying the production and sale of cannabis […] Read more



P+H plans new east-central Alberta elevator

Winnipeg grain and agrifood firm Parrish and Heimbecker is set to reinforce its recent arrival in the east-central Alberta retail market with a new grain elevator. Privately-held P+H announced Tuesday it will build a new 46,000-tonne capacity grain elevator and crop input centre at Viking, about 120 km southeast of Edmonton. The Viking site will […] Read more